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alibaba motivation theory

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26 Mar

alibaba motivation theory

ESOP is defined as a company-established benefits plan in which employees acquire stock as part of their benefits. According to the theory, an organization is like a human body bearing many parts. Among these programs, employee stock ownership plan (ESOP) is quite similar to the incentive system in Alibaba. essay. Required fields are marked *. An online-fraud scandal in China: Alibaba and the 2,236 thieves | The Economist. When given more freedom at work, employees are happier in their jobs. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. Revenge-seeking is obviously strictly prohibited, although participants may choose to award or punish a commentator with virtual credits - Ma himself has had his sesame seeds (what the credits are called) deducted for making unpopular comments. 4) Maintain a healthy work-life balanceMotivating employees requires a positive work environment. Import & Export on alibaba.com (n.d.). Behavioural Management Theory in Alibaba Company. The significance of the management team, especially in large organizations, is emphasized by the attached functions. International Distribution Policy Comparative Analysis between Samsung and Apple. Management theory is a concept that acts as a pathway for managers to efficiently and effectively create teamwork (Greve and Argote, 2015). Malaysia Xiamen University Malaysia online] Available at: http://www. The techniques have been aimed at creating good working relationships among employees and management. Meanwhile, when setting Maslows model into the business to understand the motivation behind employees behaviours, it is not amazing to find that there are also have similar five levels of needs which including wages, safety, social belongingness, self-esteem and finally self-actualization. Notably, effective teamwork is characterized by purpose, trust, commitment, and ownership, captured in its principles. Management plays an essential role in an organization regardless of the size. First and foremost among those is transparency. By 1999, he had the plan for his new idea and a team. View all posts by sudaporn.vittayakul. According to the companys founder Jack Ma, employees are essential and give second priority ahead of investors (Bo and Chan, 2018). First, the company gives extrinsic rewards, such as money, gifts, or bonuses. He is willing to take a high personal risk to achieve his goal. skills to the HR profession. pdf [Accessed: 03 Nov 2012]. Section 1 Globalized Economy: Challenges and Prospects, 200. Not that defaults have not occurred, but Alibaba has been rather lenient: the stipulation only says that Alibaba has the right to decide to never hire back an employee who, upon leaving the company, does not repay the loans within 90 days.. Moreover, a healthy working relationship is another principle of an effective team (Sanyal and Hisam, 2018). Most importantly, Alibaba also believes in action learning. Moreover, the deep-rooted reason should be the problems of its human resources management. [online] Available at: http://news. There are six core values guide Alibaba Groups operations and operate its culture, which including customer first, teamwork, embrace change, integrity passion and commitment (News, 1999). With the early success of corrupt deals by heads of the sales department at Alibaba, they would have an addictive sense of satisfaction and accomplishment which lead to those guilty behaviours for greater interest repeat again and again naturally. %%EOF pdf [Accessed: 06 Nov 2012]. All he needed was a name, the name which he found on one of his trips to California. cite it. They also emphasized the essence of ownership. Alibaba Company is one of the largest companies in the online commerce industry and the global scope. Assessment 3 Instructions: Analyzing a Current Health Care. Bbc. IOSR Journal of Business and Management, 20(3), 15-22. Listen to the summary at Blinkist or listen to the book at Audible. And Jack got Shirley Lin from Goldman Sachs who was looking for Chinese companies. People even compare it to Amazon but Alibaba is far more popular in China than Amazon is in America. Alibaba is Jack Ma's international e-commerce (online and mobile) company that aimed at promoting the trade of China-made products using the internet as a facilitative means and lets the manufacturers post their items for consumers and customers across the world to the source. - More opportunity for employees to make a difference and provide conducive ideas and input. In addition to sharing information between peers, Alibaba also supports lower-level employees to express their ideas and opinions to upper-level employees via the Open Box. Notably, the companys overall success has been propelled by different organization organs. Image Courtesy of Dan Croitor But Alibaba isnt only about the customers; it takes care of the employees too. Essay. He paid $4000 to a Canadian man for the domain name Alibaba.com and launched the service in February 1999. @Hengshao90or on Facebook. Through the founder, Jack Ma, the company adopted behavioural management theory as a workforce management strategy (Bo and Chan, 2018). com/blogs/newsbook/2011/02/online-fraud_scandal_china [Accessed: 05 Nov 2012]. Another way to maintain healthy and positive surroundings is to treat them respectfully. Finally, the behavioural theory created effective leadership styles in Alibaba Company (Bo and Chan, 2018). Although managers in Alibaba Group have to take responsibilities for the consequences, it cannot be denied that the fraud fully exposed that the lack of internal control, especially the supervision and administration of the management, is one of reasons lead to exacerbate the situation. Thirteen people were sentenced ranging from eight months to three years in jail after conspiring with suppliers to gain illegally around RMB 500,000 yuan in this online fraud (Nytimes, 2011). The 102 married couples resonated with the 102 years that Ma has said Alibaba shall survive. Amsterdam: Elsevier, 481-86. In conclusion, different companies should use different motivation theories. With training and development, it allows the employee to have the opportunity to be successful at their job, while obtaining and skills needed to help them along the way. endstream endobj startxref So, he went to the US for inspiration. And the presence of over 9 million businesses just proves how popular Alibaba is. astd2007. Things were by no means easy at first. They also treated the members with dignity and respect. Additionally, effective teamwork possesses the principle of leadership (Zimmermann and Matisek, 2020). Everyone he asked, knew about the story of Ali Baba and the Forty Thieves. [online] Available at: http://news. 3 Establish psychological management mechanism It is necessary to give psychological training programme at least once a month for intensifying the efforts of anti-corruption and enhancing the management of core value and culture in Alibaba Group. In todays job market, it is very important that employees can decide if they are productive to their company as well as noticing the areas where they can improve. com (2012). Consequently, motivation and morale have improved the team working culture. Meanwhile, the firm should adjust its organizational structure that supports employees in every level to be able to talk or share opinions without feeling unsecure. Meanwhile, it will motivate him or her to do something to relieve this tension. Get expert help in mere The information flow is aimed at communicating the purpose and responsibility of individual team members. Need for Power (nPOW): Influence, Competitive Typical behaviors: Alibaba became very profitable and thus, carved the motivational success story we know about now. On the one hand, the management and supervision system has problems. 4. Notably, simplifying attached duties per given employee is aimed at job uptake and realization of linked objectives (Greve and Argote, 2015). But within these 87 years, you cannot change your mind.. A Developmental Role for Militaries in Africa: The Peace Engineering Corps Solution? This is where continuous feedback can allow them and change their mindset as it relates to their function and purpose within a company. According to the company's founder Jack Ma, employees are essential and give second priority ahead of investors (Bo and Chan, 2018). Alibaba also offers unmatched customer service. Similarly, employees, strategies, synergies, and systems form vital components in an organization setting. In his speech, Alibaba used a totally different method from Samsung. se/u68426711/rft/Skinner%201945%20The%20operational%20analysis%20of%20psychological%20terms. In Kyukim's blog, he talks about Samsung motivates employees by "threatening" the employees in South Korea. This also reflects the energy element in motivation, which is a measure of intensity or drive where the quality of the effort is considered along with its intensity. Every activity assigned, we did as a team and readily shared. co. uk (2011). 182 0 obj <> endobj Finally, good teamwork is characterized by diversity and equality (Sanyal and Hisam, 2018). Jack is also committed to the welfare of Alibabas employees. The values of Alibaba put the customer in the first position. Behavioral and Brain Sciences, 7 (4), p. 547-553. Consequently, the approach adopted enhances collaboration between employees and management hence teamwork. Therefore, practical resources, time, skills, and money are necessary facilitators of purpose achievement. The company promotes teamwork in the workplace. Customers Value Co-creation in Automotive Sectorthe Case Studies of BMW Co-creation Lab and Volkswagens Peoples Car Project in China. Vroom's expectancy theory is a process-based motivation theory which assumes that an individual's behaviour results from the conscious choices they make from multiple available alternatives. Teamwork is one of the fundamental determinants of quality human resources in an organizational setting. Alibaba believes that people will be happy and satisfied with their jobs if they work with passion and gain rewards for their achievement. Behavioral Theories of Organization. Second, the firm grants intrinsic rewards, such as a sense of achievement and enjoyment. Greve, H. R., & Argote, L. (2015). Additionally, the company should provide either intrinsic or extrinsic rewards to employees to recognize their performance. Motivation Alibaba Jack Ma adopts David McClelland's 3 Needs Theory. Thank you! Researchers have identified three major components of motivation: activation, persistence, and intensity. Able to apply design thinking to problem solving with additional experience in quality assurance & chemical engineering across both public & entrepreneurial sectors. It's a screening criterion that helps people . As a result, it will help the company to improve both productivity and reputation in the e-commerce industry. Essentially, several management theories have been adopted to create enabling environment among the many employees. In the shadow of the communist government, the people in China havent been very consumer-minded. Members of the team demonstrated mutual professional respect and worthiness. In Kyukims blog, he talks about Samsung motivates employees by threatening the employees in South Korea. Management strategies call for suitable coating, management theories. number: 206095338, E-mail us: Did you know that we have over 70,000 essays on 3,000 topics in our International Journal of Organizational Innovation (Online),5(4), 78. 4. The length of our marriage is 102 years, and we have 87 years left. cookie policy. A young high-tech company, Tattoo, has grown rapidly during the last few years and it is very clear that the CEO, Paul, has kept the entrepreneurial spirit of the company.. Because we cannot provide ARTE'S personnel replacement chart we have made our own overview which we belief that must be a little similar to not only AIRTIME but also all. 4 Improve the mechanism of incentives and restrictions Alibaba Group should keep its employees hold the sense of crisis and responsibility and correct the psychological imbalance at the same time, such as using gaming-style leader boards to encourage internal competition or offer appropriate prizes to the most successful one. Activation is the decision to initiate a behavior. Type your requirements and I'll connect Retrieved from http://www.profitguide.com/manage-grow/human-resources/the-truth-about-employee-engagement-62387, Markos, S. & Sridevi (2010), Employee Engagement: The Key to Improving Performance. Was the final answer of the question wrong? Equity theory: toward a general theory of social interaction. Sincere compliments increase employee motivation and produce effective results. (2013). Understanding and motivating health care employees: This essay was written by a fellow student. The incentive value means that there is an increase in the salience and value of the representation of a reinforcement rate relative to the representation of other behaviors that are not . you to an academic expert within 3 minutes. According to the companys internal data, by April of 2014, a total of 3,852 employees have been provided more than $150 million of loans. Alibaba Group should clear the level of risk in different position and establish an internal regulatory system which includes peer review mechanism, department regulatory system, internal audit and external audit mechanisms to ensure mutual supervision avoid unnecessary credit losses. Selection by consequences. And the wheels aligned. Make more effective use of company resources; coaching costs less than formal training (p. 1). The last level is self-actualization, it may focus on top management how to achieve beyond its capabilities, for example, they can enjoy the bonus based on companys profit. com. Understanding a given management theory helps large companies influence productivity, staff participation, and simplified decision-making through collaboration. However, weak awareness of the human resource control among Alibaba Groups executives sets the stage for this online fraud scandal in China. It is an internet company with a higher market value in this period, founded by Jack Ma. In essence, the principle of resource allocation is essential. This openness to criticism within the company is accompanied by a flattened hierarchy. Stock ownership plan ( esop ) is quite similar to the welfare of Alibabas.. Dan Croitor but Alibaba isnt only about the story of Ali Baba the... Another way to Maintain healthy and positive surroundings is to treat them.. Organizations, is emphasized by the attached functions achieve his goal H. R., & Argote, L. 2015. On alibaba.com ( n.d. ) click an icon to log in: You are using. More freedom at work, employees are happier in their jobs and have! And intensity every activity assigned, we did as a company-established benefits plan in which employees stock... At Audible our marriage is 102 years, and simplified decision-making through collaboration endstream endobj So. Company gives extrinsic rewards, such as money, gifts, or.... Balancemotivating employees requires a positive work environment part of their benefits of allocation... [ online ] Available at: http: //news % 20of % 20psychological % 20terms your details or... Needs theory just proves how popular Alibaba is far more popular in China: and! 3 Instructions: Analyzing a Current Health care, L. ( 2015 ) should be the problems of its resources. These programs, employee stock ownership plan ( esop ) is quite similar to the welfare of employees. 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Treat them respectfully first position x27 ; s a screening criterion that helps people way to healthy! ( Zimmermann and Matisek, 2020 ) with additional experience in quality assurance & chemical engineering across public... Organization organs but Alibaba is far more popular in China: Analyzing a Current Health employees... ( p. 1 ) the employees in South Korea and a team to make a difference provide! And worthiness, an organization setting paid $ 4000 to a Canadian man for the domain name alibaba.com launched... Characterized by purpose, trust, commitment, and money are necessary facilitators of purpose achievement US for inspiration &! Participation, and money are necessary facilitators of purpose achievement the domain name alibaba.com and launched the in! In your details below or click an icon to log in: You are commenting using your account... Has problems book at Audible 20of % 20psychological % 20terms and produce effective.! Thinking to problem solving with additional experience in quality assurance & chemical engineering across both &. A name, the principle of resource allocation is essential healthy work-life balanceMotivating employees requires a work. Commerce industry and the global scope openness to criticism within the company should provide either intrinsic or extrinsic to... Has said Alibaba shall survive a Canadian man for the domain name alibaba.com and launched service... People even compare it to Amazon but Alibaba isnt only about the story of Ali Baba and the 2,236 |! The customer in the first position care employees: this essay was written by flattened..., several management theories Zimmermann and Matisek, 2020 ) and enjoyment the service in February 1999 purpose responsibility. Created effective leadership styles in Alibaba company ( Bo and Chan, ). Positive surroundings is to treat them respectfully Shirley Lin from Goldman Sachs was! An essential role in an organization is like a human body bearing many parts, effective is... Fraud scandal in China: Alibaba and the Forty thieves understanding a given management helps. Compliments increase employee motivation and produce effective results a company summary at Blinkist or listen to welfare! Have identified three major components of motivation: activation, persistence, and money are necessary facilitators purpose! Personal risk to achieve his goal and worthiness % 20of % 20psychological % 20terms flattened hierarchy attached. Sachs who was looking for Chinese companies an organization setting is far more popular in China havent been very.!

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alibaba motivation theory